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2
Bedrooms
2
Bathrooms
170 m²
Surface area
€
€3176
Price per m²
Apartment
Property type
+17 photos
Analysis
Price
€540.000
Own investment (30%)
€162.000
30% down payment of purchase price
Buyer costs
€54.000
Buyer costs: 10% of purchase price
Estimated nightly rate
€126,61
Expected occupancy rate
69%
Gross rental p/m
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€0000
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Mortgage costs
-€1.008
This is the monthly interest you pay for the mortgage(3.2%interest)
Maintenance costs
-€141,67
{% trans 'Estimated annual maintenance costs (10€/m²). This is the
rule of thumb for existing and older homes. For new construction,
this is usually lower.' %}
Cleaning costs
-€291,67
Annual cleaning costs:€3500 (€291.67/month).Based on number of bedrooms.
Platform fees
-€398,58
{% trans '15% commission based on average fees from Booking.com
and Airbnb' %}
Municipal taxes
-€127,25
Municipal taxes for Estepona
Tax
(19%)
-€131,11
This is the VAT percentage you pay in the country of the property. If you are a EU resident, you pay 19% VAT.
Earned back in
Time to earn back own investment + buyer costs.
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Log inNightly Rates
Estimated nightly rate
€126,61
High season
€167
Mid season
€123,92
Low season
€103
Price determining factors
- Economic outlook in 2027: Positive economic growth in Spain and Europe, supporting property appreciation.
- Demographic developments: Increasing demand from retirees and expatriates seeking coastal living.
- Infrastructure plans in 2027: Planned improvements in transportation and amenities in Estepona, boosting property appeal.
Comparable accommodations
| Rate | Hotel / apartment | Distance |
|---|---|---|
| €118 | Villacana Villa-holiday by the beach | 9.0 km |
| €139,40 | Townhouse – 3 floors Close to the beach! | 11.2 km |
| €125,60 | Modern Townhouse, roof terrace in Estepona OldTown | 0.4 km |
| €139 | Casa Relajante - big summer garden | 1.4 km |
| €286,80 | Beachfront BohoChic II Pool+DirectBeach+Parking | 3.2 km |
| €131,40 | House 5 minutes from the beach, Puerto Banús and 5 golf courses | 17.7 km |
| €108,40 | Marbella Townhouse near Top Golf Courses | 18.9 km |
| €161,60 | Luxury Oasis at Alcazaba Lagoon | 7.1 km |
| €298,60 | Superb Townhouse in Golden Mile | 21.0 km |
| €124,71 | Casa Strandblick (Sea view villa) | 7.9 km |
Return & Value appreciation
Annual return
4.14%
5 Year Return
20.70%
10 Year Return
41.40%
ROI Distribution
Value development
Factors for value appreciation
- Property condition: Well-maintained with recent renovations, enhancing value.
- Local market trends in 2027: Expected growth due to tourism and demand for coastal properties.
- Property type: Luxury penthouse with premium features and views, increasing desirability.
Possible improvements
- Adding a private pool or hot tub to increase luxury appeal.
- Upgrading smart home features for modern convenience.
- Enhancing outdoor spaces with landscaping or a terrace garden.
Description
Experience luxury living in this stunning penthouse for sale in Estepona, Spain, located on Calle Umbral Atalaya Green Avenue in the highly sought-after Nueva Atalaya neighborhood. This exquisite property boasts 170 square meters of modern living space, offering two spacious bedrooms and two recently renovated bathrooms featuring underfloor heating for optimal comfort. The penthouse is part of a well-maintained residential building with elevator access and includes a private parking space, making it ideal for both comfortable living and investment purposes.
Enjoy enhanced living with double-glazed windows fitted with mosquito screens, providing excellent insulation and tranquility. Climate control is effortless with air conditioning in three rooms, ensuring comfort throughout the year. The fully equipped kitchen offers spectacular panoramic views of the sea and La Concha mountain, creating an inspiring setting for cooking and entertaining.
Sustainability is incorporated with solar panels dedicated to domestic hot water, reducing energy costs and supporting eco-friendly living. This Estepona penthouse combines luxurious features, breathtaking views, and prime location advantages, making it a perfect investment opportunity or a dream home in one of Spain’s most desirable coastal areas.
Discover this exceptional property in Estepona, Spain, and enjoy the vibrant lifestyle, stunning scenery, and real estate investment potential that this prestigious location offers.
Location
Nightly rates in the area
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